The Blip Cometh

As expected, a big GDP number (pdf), signifying nothing much. It’s an inventory blip: topline growth at 5.7 percent, but only 2.2 of that is final demand.

And I find myself wondering why I even bother reading the actual numbers; the Goldman Sachs prediction was almost exactly right.

http://krugman.blogs.nytimes.com/2010/01/29/the-blip-cometh/

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